Why MSTR Stock Price Could Hit $200 by May as Strategy’s BTC Gain Jumps 82% in One Week

Strategy (NASDAQ: MSTR) has been on a bullish trajectory for the last few weeks, and this has driven the price to its highest level in three months. Because of these gains, MSTR stock price is now targeting $200, a level that could be reached amid the company’s aggressive Bitcoin purchases, which have led to an 82% jump in its BTC gain within one week.

Strategy’s Bitcoin Gains Surge Amid Aggressive Purchases

As recently reported, Strategy surpassed BlackRock in Bitcoin holdings and now holds a stash worth more than $61 billion at the current BTC price. This follows a recent acquisition of 34,164 coins valued at $2.54 billion.

The recent purchase comes barely two weeks after Strategy announced another $1 billion BTC purchase. STRC funds Bitcoin purchases for the company after this debt facility generated over $1.76 billion in liquidity, a sign of sky-high demand.

The MSTR stock price, which usually tracks Bitcoin, has been rising in tandem with these purchases. On April 20, the stock closed trading at $170, its highest price in three months, following a 2.58% intraday gain. The stock is up 23% in the last five trading days.

Strategy CEO Phong Le pointed out the success of the company’s Bitcoin strategy, noting that its BTC gain has increased by 82% within one week, and now stands at $4.97 billion.

“This reflects the reflexive power of combining appreciating bitcoin (digital capital) with accretive financing (digital credit),” Le said.

Le also noted that there is “less noise” from people who were criticizing the firm’s average acquisition cost of $75,527 after the Q1 decline. He added that this cost does not matter, despite criticism from Peter Schiff, as per Strategy’s STRC dividend proposal report.

Amid signs that Strategy’s Bitcoin playbook is working even as BTC price hovers close to the company’s average purchase price, traders are now watching how high MSTR stock price could surge before it releases its earnings report on May 5.

Bullish Pattern Signals 30% MSTR Rally to $200

MSTR stock price has created a double bottom pattern that often indicates that there is a strong uptrend on the way that may push the price higher. Interestingly, MSTR stock price analysis by CoinGape earlier reported that it might surge to $172, a level that it has achieved in the pre-market trading session.

The stock has now crossed the double bottom’s neckline resistance with two green candles, signalling that the rally will likely continue. As the price moves higher, this neckline resistance at $152 needs to serve as strong support.

In this double bottom pattern, the price of MSTR stock surged by 31% from the support of the two bottoms at $114 to the neckline. This means that from the neckline resistance, the stock has a chance to register a 31% gain that could push it to $201.

Two technical indicators suggest why this rally above $200 is possible in May. Firstly, the RSI has been rising with higher highs and now sits at 73. If this stock is in a strong bull market, it is possible that the price will continue rising alongside the RSI. As long as this RSI is not above the overbought levels of 80, there is room for MSTR to surge.

Secondly, the ADX line is not showing signs of a weakening rally. Even after 23% gains in the last five trading days, this indicator is rising, pointing to a strong trend.

Institutional investors also seem to be taking positions anticipating a surge in the price. Recently, $3.3 trillion American Funds Fundamental Investors (ANCFX) revealed a purchase of 4.32 million MSTR shares worth $747 million. The company now holds 10.33 million shares valued at $1.78 billion.

Will MSTR Stock Price Hit $200 Before May 2026?

The strongest bull case for an MSTR stock rally to $200 before May is this technical analysis showing that a bullish pattern is in play. This pattern indicates that the stock has to rise by 31% to reach $200. Considering that it has soared by 23% in just five trading days, another 31% push is possible.

The other reason that the stock may reach $200 in the next week is the shifting market sentiment. The crypto fear and greed index has surged from 10 last month to 33, indicating that fear is easing. If this translates to Bitcoin price gains, the MSTR stock, which tracks BTC, may post gains in the coming days.